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>>> you like taxes? i've got taxes for you. christine romans is here to talk about the very serious issue of the fiscal cliff and what it means for your bottom line. literally your bottom line. plug for your show. >> the bottom line is you're going to pay more in taxes next year either because you'll go off the fiscal cliff or because payroll tax is going to expire. taxes are likely rising next year. >> real numbers for people who make certain amounts of money. >> this is the fiscal cliff only. if you make $20,000 to $40,000, your taxes will go up, $1,231. move out with me, $40,000 to $64,000 a year, a $2,000 tax bill right there. $2,000. $64,000 to $108,000, 3,500 more in taxes you're going to pay. take a look at $108,000 and up, another $14,000 in taxes. you can see the more money you take, the more you're going to pay in taxes if the u.s. goes over the fiscal cliff. what's a fiscal cliff? it's a huge tax increase, huge tax increases and huge spending cuts that hit at beginning of january. the bush tax cuts would go away, the
>>> you like taxes? i've got taxes for you. christine romans is here to talk about the very serious issue of the fiscal cliff and what it means for your bottom line. literally your bottom line. plug for your show. >> the bottom line is you're going to pay more in taxes next year either because you'll go off the fiscal cliff or because payroll tax is going to expire. taxes are likely rising next year. >> real numbers for people who make certain amounts of money. >>...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> he is part evel knievel, part john glen, and a wee bit of christopher columbus, exploring territory and pushing physical limits to a place no man has ever gone before. his name is felix baumgartner. there he is, and if you don't know him, you should. here he is practicing for a jump, a jump from the edge of the stratosphere. he's going to attempt today to become the first person to break the sound barrier with his body and to jump from no place that anyone has ever jumped before. our meteorologist chad myers is so excited and cnn's brian todd also excited. both on this story for us. i want to start with you, brian todd, in roswell, new mexico. we've had a delay this morning because of some weather concerns, but i'm hearing that the balloon is now officially being unloaded, unfolded. i think that might be
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> he is part evel knievel, part john glen, and a wee bit of christopher columbus, exploring territory and pushing physical limits to a place no man has ever gone before. his name is felix baumgartner. there...
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how in lord's name can they justify raising taxes with these tax cuts? >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. of course the middle class has been buried. they're being buried by regulations. they're being buried by taxes. they're being buried by borrowing. they're being buried by the obama administration's economic failures. >> reporter: romney campaign put together a conference call to draw attention, more focus to the comments by the vice president. the obama campaign pushed back saying this was just another act of desperation and what the vice president was talking about were -- were situations or a climate that was put in place by the failed policies of the former administration. i'll tell you what, at the very next event during his remarkings, the vice president did touch on the same subject but left out the word buried. soledad? >> walk us through the logistics of toni
how in lord's name can they justify raising taxes with these tax cuts? >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. of course the middle class has been buried. they're being buried by regulations. they're being buried by taxes. they're being buried by borrowing. they're being buried by the obama administration's...
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the bush era tax use expire. health reform taxes kick in opinion 88% americans would pay more in taxes. >> how likely do we think the tax increases will kick in. >> cnn money asked 17 economists what do you think whether or not congress can get a deal done in time and the answer was unanimous, all 17 said, you know what? you're not going to go off the fiscal cliff. for them it's just a guess. those economists are putting a lot of faith in congress and the reality is don't expect anything to happen until after the election on november 6th. it's going to come down the wire. the big worry is that we could go into a recession if congress doesn't get their act together in time. >> even if we don't fall off a fiscal cliff, there's a chance that at least some of the tax increases will go into effect. >> exactly. some taxes could still go up even if congress avoid a full fiscal cliff. a good example is the payroll tax credit. expect that to expire no matter what. the reality is there's no champion behind it. the white ho
the bush era tax use expire. health reform taxes kick in opinion 88% americans would pay more in taxes. >> how likely do we think the tax increases will kick in. >> cnn money asked 17 economists what do you think whether or not congress can get a deal done in time and the answer was unanimous, all 17 said, you know what? you're not going to go off the fiscal cliff. for them it's just a guess. those economists are putting a lot of faith in congress and the reality is don't expect...
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how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is this? >> joe biden gaffe meter? that's probably different. probably a six for a non-joe biden it would probably be an eight. come on, joe biden makes some great ones. you know, i thought it was interesting yesterday, the amount of conference calls that suddenly both sides engaged in after joe biden opened his mouth. after, put you back in chains comment, they took him off the stage for a few weeks and they may do that for the rest of the election. >> i want to move on to another piece of tape that's received a lot of attention over the last 24 hours or so. a tape put out by fox news, daily c
how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> 45 minutes past the hour. one way to grab the undivide attention of undecided voters is to pull a stunt. a public relations stunt more about promoting and selling products than promoting a specific candidate. alison kosik is at the new york stock exchange. pizza hut is involved, free pizza for life. >> isn't that what you've always wanted, a free pizza party for the rest of your life? >> yes! >> you could also choose -- this is an even better option. the $15,000 in cash. if you don't want the pizza. if you want to win one of these things, you have to go rogue. pizza hut wants you to ask mitt romney or president obama, do you like sausage or pepperoni on your peeizza? at the next presidential debate october 16th, a townhall style debate. this could be kind of tough. the questions are typically prescreened
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> 45 minutes past the hour. one way to grab the undivide attention of undecided voters is to pull a stunt. a public relations stunt more about promoting and selling products than promoting a specific...
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the payroll tax holiday, that would expire, the health reform taxes, those would kick in. guess what? it would all mean less money in our wallets. carol? >> wow. well, you have to think that when congress looks at those numbers, lawmakers would get together and sing for the good of the american taxpayer. >> well, you know what? they're certainly not doing it before election day, don't count on that, but there is good news. that cnn money asked 17 economists, what do you think? do you think congress will get a deal done in time? and that's unanimous. all 17 said yes. they don't think we're going to go over the fiscal cliff meaning everything all at once won't happen. not to say that little pieces of it won't go away. but remember, this is just a guess. those economists, they're putting a whole heck of a lot of faith in congress. that's taking a leap. and as i said, nothing's expected to happen until after november 6th. get ready for this to come down to the wire, something that congress has done often times, the best at procrastinating, aren't they? and that's a big worry b
the payroll tax holiday, that would expire, the health reform taxes, those would kick in. guess what? it would all mean less money in our wallets. carol? >> wow. well, you have to think that when congress looks at those numbers, lawmakers would get together and sing for the good of the american taxpayer. >> well, you know what? they're certainly not doing it before election day, don't count on that, but there is good news. that cnn money asked 17 economists, what do you think? do...
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what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he's asked how he'll cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he's been saying every time he's asked the question. well, we can cut out pbs. so for all you moms and kids out there, don't worry. somebody's finally getting tough on big bird. you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to
what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he's asked how he'll cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he's been saying every time he's asked the question. well, we can cut out pbs. so for all you moms and kids out there, don't worry. somebody's finally getting tough on big bird. you...
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when people hear taxes they say i need details. because i pay taxes. i want to know exactly what's going to happen if you're elected. i speak for america. no. but i certainly speak for myself and paying taxes. that's what i want to know. >> speaking only for soledad o b bri yen. >>> they're the kind of experiences you'd assume nobody could survive. young woman sold into sexual slifry. the young women are fighting back. [ male announcer ] extreme environments can cause a spontaneous change in dna, resulting in unexpected power and agility. introducing the all-new, all-powerful gator rsx 850i. sixty-two horsepower, a fully independent multilink suspension and a top speed of 53 miles per hour. it's a whole new species of gator. see just how much the gator has evolved at johndeere.com/gator. >>> welcome back to "starting point," everyone. a couple stories you cannot miss this morning. we're going a little bit highbrow on you right now. assault charges have been dropped against the man accused of choking wie ining lindsay lo cell phone pictures. she told po
when people hear taxes they say i need details. because i pay taxes. i want to know exactly what's going to happen if you're elected. i speak for america. no. but i certainly speak for myself and paying taxes. that's what i want to know. >> speaking only for soledad o b bri yen. >>> they're the kind of experiences you'd assume nobody could survive. young woman sold into sexual slifry. the young women are fighting back. [ male announcer ] extreme environments can cause a...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> welcome back. a new poll by the pew research center has governor romney leading president obama now by four points. the poll was conducted after the presidential debate. in this poll more voters identified themselves as republicans than democrats. last month in a similar poll more said they were democrats and that's when the president was up by eight points. there's a new article, little bit hysterical. andrew sullivan said it's over. he said obama th
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while...
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i was with him in ohio as well, where the president came out swinging, hitting mitt romney on taxes. you heard him repeat at every stop the whole big bird line, he even repeated that over the weekend at a couple campaign events in los angeles, brought up the 47%, which is something the president did not touch on at all during the debate. but also, you see in the campaign, pushing back hard like today, responding even before mitt romney made his speech on foreign policy, they had a couple of ads ready to go and then put together a conference call with campaign officials and also madeleine albright, former secretary of state and they are saying he's erratic, unsteady, irresponsible, something the campaign was not as quick to do in the past but post-debate, a much more aggressive tone from the campaign. >> jim, you have been following governor romney for a long time. have you seen a marked -- you talk about a smile he has on the campaign trail. have you seen a big difference in how he's been campaigning since the debate? >> absolutely. you know, one thing that we should touch on is in t
i was with him in ohio as well, where the president came out swinging, hitting mitt romney on taxes. you heard him repeat at every stop the whole big bird line, he even repeated that over the weekend at a couple campaign events in los angeles, brought up the 47%, which is something the president did not touch on at all during the debate. but also, you see in the campaign, pushing back hard like today, responding even before mitt romney made his speech on foreign policy, they had a couple of ads...
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it tracks the miles and gives you a summary for your tax return. >> love that. >> for a lot of people who are self-employed, working in the delivery business, traveling for work, technology is simplifying the way we do business and use the road. >> i try a lot of the traffic apps because i hate getting caught in traffic jams. they work okay. >> they are only as good as the input. it requires people using them and people putting good information in there. out here on the east coast, every ten minutes you get the good stuff. >> all right. >> nice to know they kwift. >> she might be the most hated woman in greece. this is a reception german chancellor angela merkel is getting. these are live pictures. a look at the protesters there. the story behind the story coming up. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card.
it tracks the miles and gives you a summary for your tax return. >> love that. >> for a lot of people who are self-employed, working in the delivery business, traveling for work, technology is simplifying the way we do business and use the road. >> i try a lot of the traffic apps because i hate getting caught in traffic jams. they work okay. >> they are only as good as the input. it requires people using them and people putting good information in there. out here on the...
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struggling over the last four years or that he wants to raise the obama administration wants to raise taxes by over a trillion dollars. this is the joe biden we want. joe biden has to be careful about going too hard at paul ryan because of just that, because of the gaffes and because he can look over bearing, and paul, a lot is riding on paul ryan, and we want to keep that momentum going from that first debate, and he has to be careful not to get into the weeds of some of these policies. >> i know. he tends to be quite wonkish at times and people listen and say what? >> well, that's right. it is important that ryan stick with the big picture and go after biden on the rising debt and our sky rocketed unemployment and talk about the failed last four years as opposed to being trying to get trapped in some of the bieden spiderwebs that he will try to weave. >> it appears that joe biden is really taking this seriously because the democrats don't want to repeat of the first debate, right? joe biden apparently has taken six days off and practicing, practicing, practicing, especially with zingers.
struggling over the last four years or that he wants to raise the obama administration wants to raise taxes by over a trillion dollars. this is the joe biden we want. joe biden has to be careful about going too hard at paul ryan because of just that, because of the gaffes and because he can look over bearing, and paul, a lot is riding on paul ryan, and we want to keep that momentum going from that first debate, and he has to be careful not to get into the weeds of some of these policies....
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lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving and investing because they're helping the economy to grow. that is why i am a fairfax -- fair tax supporter which would create a very different model. it is changing the foundation. lori: at the end of the day you need economic growth to be supportive of tax rates, and we are just come as you said, flat line at 1%. a revision, a downward revision. you know, hell are we going to get the overall growth rate higher? do we have to wait? obviously the election is so near, but are we just putting too much hope on to washington right now and not enough on good old fashion innovation and ingenuity? >> ingenuity and in this is great, but if government policies have their foot on the throats of the innovators and those who have the ability to create jobs it will take them somewhere e
lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving and investing because they're helping the economy to grow. that is why i am a fairfax -- fair tax supporter which would create a very different model. it is changing...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. [ male announcer ] fedex office. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did...
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raise everybody's taxes. he set up their in san francisco, i will raise your taxes. he has had a lot of experience in that, and he will do it. i remember a statement of lyndon johnson when he was looking around why his party people were not supporting him. he said, hey, they painted their tails white and ran with the antelope. there are a lot of democratic whitetails running with the antelope. not one single democrat has introduced the mondale tax bill into the congress. of course i support the president's economic program and i support him on everything else. i am not sure because of the concept of the vice presidency that if i did not, i would go do what mr. mondale did with jimmy carter, a job away from it. i cannot do that to mr. reagan now, next year, or any other time. i have to much trust in him. i have too much friendship with them. i would feel uncomfortable during that. >> some republicans the criticized saying he disagreed with the decision to impose a grain embargo. have you ever disagree with any decision of the reagan administration? where in your judgm
raise everybody's taxes. he set up their in san francisco, i will raise your taxes. he has had a lot of experience in that, and he will do it. i remember a statement of lyndon johnson when he was looking around why his party people were not supporting him. he said, hey, they painted their tails white and ran with the antelope. there are a lot of democratic whitetails running with the antelope. not one single democrat has introduced the mondale tax bill into the congress. of course i support the...
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be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas about needing more
be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big,...
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my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message >> welcome back. good morning, washington. brian van de graaff. have chilly temperatures. it is not in this cold since late april. 46 downtown, 37 in frederick and gaithersburg, 36 in winchester right now. martinsburg. until in the air. satellite picture shows showers from yesterday. have clouds this morning and it's a little foggy off to the west. sunshine early this morning, high-pressure scooting and another system passing to our south. a couple showers possible this evening. sunshine tomorrow and then a few more clouds by the middle of the week. will climbratures 50's.the let's check in with angela foster. we're having some trouble hearing angelo wright now. 4:44. columbus day. the department of public works not ticket drivers today expired meters or limit in the time residential zones. >> it is chilly outside. degrees in the di
my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message >> welcome back. good morning, washington. brian van de graaff. have chilly temperatures. it is not in this cold since late april. 46 downtown, 37 in frederick and gaithersburg, 36 in winchester right now. martinsburg. until in the...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
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romney comes out and tells you he will tax -- not lower taxes on the rich by cutting out deductions. just like the president said, he did not hammer him enough on it. even if you add up all of the deductions and then the defense spending, you are just going further into the hole. >> thank you. that is dave's tweet to us. we also have our facebook page open and our twitter account. you can send us lots of comments and any of these mediums. you can reach us on facebook.com/cspan. this is laurie who is a democrat. >> this is maria. i was calling to say i think romney is running on his ego. what he has been talking about all through this campaign was just taking care of the rich and not try to help the ones down below. there are so many people that need help. when obama bought into office, he already had that debt. it takes time for a person to -- romney should know -- it takes time to settle that big of a debt in more than four years. it will take more for us to get out of the dead that we are in. i think we should give president obama a chance for the next four years and let him prove
romney comes out and tells you he will tax -- not lower taxes on the rich by cutting out deductions. just like the president said, he did not hammer him enough on it. even if you add up all of the deductions and then the defense spending, you are just going further into the hole. >> thank you. that is dave's tweet to us. we also have our facebook page open and our twitter account. you can send us lots of comments and any of these mediums. you can reach us on facebook.com/cspan. this is...
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what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a math problem. they can't pay for it. if they can't pay for it, then they are going to raise taxes on the middle class. that's what the economic studies have shown. and look, i don't know anybody who thinks we're another tax cut for a millionaire away from a stronger middle class. that's just not how we have built our economy before and it's not how we're going to continue to make our country on the debate moderator to do itill ?e present be >> ihink the debate morato think the president will push back pticularly on some of thes
what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it hel parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it hel parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
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Oct 2, 2012
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corporate tax reforms should pt affect the tax right? by the way, why haven't you talked more in your campaign about the 20% tax cut and the corporate tax cut from 35 to 25%. supply sides have been critical of you and your running mate because you seemed to have back add way from the tax issue which even president obama believes would have stimulate the economy. >> i'm sitting here debating an able congressman. but the fact is, that president ro romney's plan is out there for everyone to see. they are on the record and he will implement for the purpose of creating boe ining growth. it is because you are running to help everybody. everybody that needs to get a job and people are suffering out there. >> what besides taxes. >> what besides taxes? >> give me something else? >> the most important thing is to get the private sector something else. people are on the sls out there. you know what, people have an uncertainty and i don't think we can afford another four years of interrupted jobs. >> president, i'm going to give you the last word. j
corporate tax reforms should pt affect the tax right? by the way, why haven't you talked more in your campaign about the 20% tax cut and the corporate tax cut from 35 to 25%. supply sides have been critical of you and your running mate because you seemed to have back add way from the tax issue which even president obama believes would have stimulate the economy. >> i'm sitting here debating an able congressman. but the fact is, that president ro romney's plan is out there for everyone to...
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Oct 9, 2012
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so she's voting for the president. >> you have to pay your fair share in taxes. th means big business, that means small business. >> phillip is ceo of a local industrial supplier. he wants smaller government and is voting for mitt romney. >> i think that is the central question in this election. what is the size, the role, and the scope of government and what is its cost? >> both candidates will be looking for more supporters in this state right up to election day. susan, cbs news, columbus, ohio. >> but don't worry, soon enough the candidates will be back in virginia as well. >>> there's a new report that says pro and antigambling forces are spent more money on their ad campaign that was spent on the entire maryland governor's race. voters will go to the polls in november to decide whether or not they want to expand gambling in the free state. the baltimore sun reports, more than $35 million has been spent so far on that issue alone and that is more money in the total outlay of the martin o'malley, robert ehrlich campaigns in 2006. penn national is fighting a pr
so she's voting for the president. >> you have to pay your fair share in taxes. th means big business, that means small business. >> phillip is ceo of a local industrial supplier. he wants smaller government and is voting for mitt romney. >> i think that is the central question in this election. what is the size, the role, and the scope of government and what is its cost? >> both candidates will be looking for more supporters in this state right up to election day....
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Oct 8, 2012
10/12
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a tax cut for millionaires. a tax cut for millionaires. next april, david cameron will be writing a check for £40,000 to each and every millionaire in britain. not just for one year. but each and every year. that is more than the average person earns in a whole year. at the same time as they're imposing a tax on pensioners next april. friends, we, the labour party, the country knows it is wrong. it is wrong what they're doing. it shows their priorities. and here's the worse part. david cameron isn't just writing the checks. he is receiving one. he's going to be getting the millionaire's tax cut. [applause] so next week maybe mr. cameron can tell us how much is he awarding himself in a tax cut? how much is that tax cut he is awarding himself? for a job, i guess he thinks is a job well done. how many of his other cabinet colleagues have checks in the post from the millionaire's tax cut? and how can he justify this unfairness in britain 2012. and of course let's not forget this tax cut wouldn't be happening without nick clegg and the liberal
a tax cut for millionaires. a tax cut for millionaires. next april, david cameron will be writing a check for £40,000 to each and every millionaire in britain. not just for one year. but each and every year. that is more than the average person earns in a whole year. at the same time as they're imposing a tax on pensioners next april. friends, we, the labour party, the country knows it is wrong. it is wrong what they're doing. it shows their priorities. and here's the worse part. david cameron...
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Oct 3, 2012
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if they can't pay for it to provide the tax cut for the rich then they're going to raise taxes on the middle class. that's what the economic studies have shown. look, i don't know anybody who thinks we' we're another tax cu a millionaire away from a stronger middle class. >> watch ed schultz every night at 8:00 p.m. eastern on "the ed show" on msnbc. >>> a judge in pennsylvania has blocked the state's stricter voter inch d. law. ruling means that voters in pennsylvania will not have to show a state-approved i.d. to cast ballots on election day. the judge said he was concerned that the law could prevent some people from voting. the stricter voter i.d. laws in four states remain but tougher laws in at least six other states were either shelved or watered down, including those in a few swing states. >>> american airlines now says it knows why passenger seats broke loose causing a pair of emergency landings. they originally called for 8 of its aircraft to be inspected, later ordered 47 aircraft to be checked. they blame the problem on clamps that were not properly installed. they continue
if they can't pay for it to provide the tax cut for the rich then they're going to raise taxes on the middle class. that's what the economic studies have shown. look, i don't know anybody who thinks we' we're another tax cu a millionaire away from a stronger middle class. >> watch ed schultz every night at 8:00 p.m. eastern on "the ed show" on msnbc. >>> a judge in pennsylvania has blocked the state's stricter voter inch d. law. ruling means that voters in pennsylvania...
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Oct 2, 2012
10/12
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the owners had always paid a flat $1,500 tax. but now, the city is implementing the sales tax act. and food trucks are now longer immune. they have to charge 10% on every sale. the tax went into effect yesterday. while most customers were not happy about the extra fee, it did not seem to impact the number of people lining up for food. >>> caught on camera. fish bait stolen. and you won't believe how smart the perp is. you don't want to miss this. >> a big star joins the cast of raising hope. for tonight's two big stars for tonight's season premiere. find out who they are, and i will give you a hint at a mom/daughter duo. two of the main characters dish on the upcoming season when we come back. 9:27 now. ah. fire bad! just have to fire roast these tomatoes. do you churn your own butter what? too? this is going to give you a head start on your dinner. that seems easier sure does who are you? [ female announcer ] new progresso recipe starters. five delicious cooking sauces you combine wi fresh ingredients to make amazing home-cooked meals. ♪ ambiance [ female
the owners had always paid a flat $1,500 tax. but now, the city is implementing the sales tax act. and food trucks are now longer immune. they have to charge 10% on every sale. the tax went into effect yesterday. while most customers were not happy about the extra fee, it did not seem to impact the number of people lining up for food. >>> caught on camera. fish bait stolen. and you won't believe how smart the perp is. you don't want to miss this. >> a big star joins the cast of...
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Oct 5, 2012
10/12
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CURRENT
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tax cut. my plan is not to put in place any tax cut that will add to the deficit. my view is we ought to provide tax relief to people in the middle class but i'm not going to reduce the share of taxes paid by high income people. we have 23 million people out of work. or stop look for work in this country. >> eliot: here's how the obama campaign responded to some of the claims. with an ad released this afternoon that relied on fact checkers. >> mitt romney has not laid out specifics for how he would pay for his tax cut. he says it's by reducing deductions and closing loopholes but he hasn't said which or how many. so the verdict here the simply incomplete. >> eliot: by the way that 23 million unemployed claim is also incorrect. off by only eight million people. romney also attacked the president on the obama care issue. >> romney: cut $716 million from medicare to pay for it. i want to put the money back in medicare for our seniors. it puts in place an unelected board that's going to tell peopl
tax cut. my plan is not to put in place any tax cut that will add to the deficit. my view is we ought to provide tax relief to people in the middle class but i'm not going to reduce the share of taxes paid by high income people. we have 23 million people out of work. or stop look for work in this country. >> eliot: here's how the obama campaign responded to some of the claims. with an ad released this afternoon that relied on fact checkers. >> mitt romney has not laid out specifics...
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Oct 3, 2012
10/12
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tax havens. mitt romney avoided paying his fair share. what else is he hiding? >>> joining me now, david k johnston author of the new book, "the fine print" and karen finney. david k. johnstone, the times got tax experts to look at the tax returns and some documents they obtained from bain from this new report today. what did we learn? >> well, the cayman islands 4 hundred years ago was a hang out for pirates now it's a hang out for tax pirates. instead of a buried map of where the tresh is, now you get this opinion letters from lawyer, if you follow one every one of these steps, you can get your treasure untaxed to the cayman islands. one of the things the times points out because of the way these were set up and the fees they were charged against them, the less taxes paid by those who were investing, the greater the sum available and therefore the higher the fees that romney collected. >> karen finney, romney, you get the sense the romney campaign expected that the tax return story was a story
tax havens. mitt romney avoided paying his fair share. what else is he hiding? >>> joining me now, david k johnston author of the new book, "the fine print" and karen finney. david k. johnstone, the times got tax experts to look at the tax returns and some documents they obtained from bain from this new report today. what did we learn? >> well, the cayman islands 4 hundred years ago was a hang out for pirates now it's a hang out for tax pirates. instead of a buried map...
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Oct 5, 2012
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it entirely with their tax deductions so we either have to increase taxes on the middle class or he would have to have his tax plan add to the deficit and he hasn't been willing to say where he compromised. >> rose: that's where the rubber meets the ground for him. >> though those are all totally legitimate critiques of governor romney's plan, but i think the governor romney is being held to kind of a double standard on these things. i mean, candidate obama opposed an individual mandate on healthcare and got into office and saw the realty reality of where the votes were and decided he was for an individual mandate. >> candidate obama won't tell us what he wants to do on social security and what his ideas are for a grand bargain with the republicans, so i think governor romney on this point, yes, if you take strictly what he said and what he hasn't said it is not cle how itdds up but don't think there any mystery that if he not elected his tax plan would be, would resellable this but there is a way to swear some of the inconsistencies and fill in some of the holes and maybe there wouldn't
it entirely with their tax deductions so we either have to increase taxes on the middle class or he would have to have his tax plan add to the deficit and he hasn't been willing to say where he compromised. >> rose: that's where the rubber meets the ground for him. >> though those are all totally legitimate critiques of governor romney's plan, but i think the governor romney is being held to kind of a double standard on these things. i mean, candidate obama opposed an individual...
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how in lord's name can they justify raising their taxes? >> reporter: the romney campaign quickly seized on that comment. arguing the president's policies have hurt the middle class. taking a breather from his preparations outside las vegas today, the president visited the hoover dam. >> it's spectacular and i've never seen it before. >> reporter: aides say he's been calling his family to unwind each night. while the two campaigns have gone out of their way to lower expectations, surrogates on both sides today acknowledge the debate will be a pivotal moment. >> i think it's important for viewers to get a chance to do comparison shopping. seeing the two candidates face to face, head to head. >> this debate can't be about decibels. what it does have to be about, particularly for governor romney, is details. >> reporter: romney who has 23 primary debates under his belt, says he doesn't like formal debate prep, says it feels too artificial. instead, opting for more casual practice sessions, where aides fire off questions. advisers are coaching
how in lord's name can they justify raising their taxes? >> reporter: the romney campaign quickly seized on that comment. arguing the president's policies have hurt the middle class. taking a breather from his preparations outside las vegas today, the president visited the hoover dam. >> it's spectacular and i've never seen it before. >> reporter: aides say he's been calling his family to unwind each night. while the two campaigns have gone out of their way to lower...
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Oct 3, 2012
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$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> you can tell it is pretty foggy out there as we start our day. keep the headlights on. >> it looks like an airline runway. >> we've seen this shot before when it is foggy. >> that is oxon hill. >> there you go, folks. keep that in mind when you head out. there is a panda. the panda keepers at national zoo say mei xiang is getting back to her normal self. we are glad to hear that. this is a photo of her venturing into her outdoor enclosure over the weekend. it was the first time she went out since her cub passed away. >> she still spends most of her afternoon by herself in the depend. the zoo says she is eating better. tough times. >> it is sad. we are glad she is eating and getting back to normal. definitely not normal outside. >> things have gotten very foggy. our visibilities are being reduced as we speak and i think
$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> you can tell it is pretty foggy out there as we start our day. keep the headlights on. >> it looks like an airline runway. >> we've seen this shot before when it is foggy. >> that is oxon hill. >> there you go, folks. keep that in...
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. >> how they can justify raising classes in the middle -- raising taxes in the middle class which has been buried. >> reporter: romney said they have been buried. the obama campaign says ryan took mr. biden's comments out of context. in washington, susan mcginnis, cbs news. >> what are the facts and what you're hearing tonight is going to be just spin? we'll sort it all out for you this evening as we fact check the candidates in real time as they speak. we're teaming up with our partners at "u.s.a. today." we'll get the job done together. it starts at 9:00 p.m. on wusa9.com. we'll live stream the debate there on our website and be sure to watch 9news now at 11:00 for the most accurate debate coverage. >>> if you're not being avoiced from all the political signs clogging the medians of the virginia highways, there's a reason for that. there's not there anymore. lawmakers got rid of the law which used to allow the signs. right now not even political signs are allowed along public roads. >> too many. you get a little annoyed. >> looks like a lot of chaos. >> they can cause sight distance
. >> how they can justify raising classes in the middle -- raising taxes in the middle class which has been buried. >> reporter: romney said they have been buried. the obama campaign says ryan took mr. biden's comments out of context. in washington, susan mcginnis, cbs news. >> what are the facts and what you're hearing tonight is going to be just spin? we'll sort it all out for you this evening as we fact check the candidates in real time as they speak. we're teaming up with...
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biden charged team romney would hike middle class tax. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the republicans jumped on that. buried by obama? >> vice president biden said just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: that's the kind of zinger sure to be heard at debate number one. i'm steve handelsman, nbc news, denver, colorado. >>> of course tonight nbc is going to have complete coverage of this first presidential debate. it will be anchored by brian williams along with the best political team in the business. it all starts at 9:00 p.m. eastern, 6:00 p.m. pacific. >>> elsewhere, a judge in pennsylvania has blocked the state's stricter voter i.d. law from taking effect this november. after weeks of protests, the ruling means voters in pennsylvania will not have to show a state approved i.d. to cast ballots on election day. the judge said he was con
biden charged team romney would hike middle class tax. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the republicans jumped on that. buried by obama? >> vice president biden said just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: that's the kind of...